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Defence stocks on fire as Defence Acquisition Council approves Rs 70,500 crore-projects; Bharat Forge, HAL, LT gain

News2023-03-17

Defence stocks on fire as Defence Acquisition Council approves Rs 70,500 crore-projects; Bharat Forge, HAL, LT gain The Defence Acquisition Council accorded Acceptance of Necessity to projects worth Rs 70,500 crore. Reacting to this news, Bharat Forge and HAL rose over 4 percent while shares of Bharat Dynamics, Bharat Electronics, MTAR Technologies, Paras Defence and Space Technologies were up 1-3 percent on the BSE.

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